Garg Furnace Ltd Approves Warrant Issue, Defers Financial Results

Garg Furnace Ltd's Board of Directors approved the issuance of up to 13,98,000 warrants convertible into equity shares on a preferential basis to promoter and non-promoter categories. The issue price is set at ₹126.50 per warrant, subject to shareholder and regulatory approvals. The Board also approved the notice for the 53rd Annual General Meeting (AGM) scheduled for August 29, 2026, with August 22, 2026, fixed as the record date for voting eligibility. Notably, the Board decided to defer the consideration and approval of the Unaudited Standalone and Consolidated Financial Statements for the quarter ended June 30, 2026, due to unavoidable circumstances.